The seminal conference on the Smart Grid, GreenBeat 2009 brought together leading entrepreneurs, investors, utilities, technology executives, and policymakers to accelerate the development of a leaner, more efficient electrical grid. With a laser focus on new technology offerings, GreenBeat 2009 was the must-attend event in the space for discussion, debate and power networking.
Energy used to be a one-way street. Today, it's becoming a bi-directional superhighway with utility customers finally taking charge of their power use and how much they pay for it. Instead of drilling into short-term IT issues and arcane arm-chair politicking involved in this shift, GreenBeat 2009 maps out the hottest business and technology opportunities the Smart Grid has to offer.
John Doerr was founding CEO of Silicon Compilers, a CAD software company and co-founder of the first broadband cable network, @Home.
He came to Silicon Valley in 1974 and joined a small chipmaker, Intel, just as they invented the legendary 8080 microprocessor. He worked in engineering, marketing, and sales, where he was a top-ranked sales executive.
Matt Marshall is the editor and CEO of VentureBeat, which he founded in 2006. He covered the venture capital and startup beat for the Mercury News from 2001-2006. Marshall significantly expanded the newspapers coverage of venture capital and startups during that time, in daily articles and a weekly column called the VC Insider, and then online with his blog SiliconBeat from 2004.
Marshall was awarded Journalist of the Year by the Northern California Society of Professional Journalists in 2002, and the James Madison Freedom of Information award in 2003. These awards were for a series of articles he wrote in conjunction with two successful Mercury News lawsuits, in part instigated by Marshall, against California's public pension fund (CalPERS) and the University of California. The lawsuits sought disclosure of the financial performance of venture capital and other private equity funds that CalPERS and UC had invested in, arguing that state taxpayers and retirees had a right to know these results. As a result of these laws suits, public employees now have full access to information on the performance of their retirement investments.
Marshall was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 through 1998. In 1999 he wrote a book while in Germany, The Bank: the Birth of Europe's Central Bank and the Rebirth of European Power. He has also written for the Washington Post and several other publications. Marshal is also the executive producer of DEMO.
Marshall has a PhD in Government and an MA in German and European Studies from Georgetown University.
You are arguing then that carbon that humans generate is not part of the carbon dioxide in the atmosphere (a greenhouse gas) and it should not be accounted for because any government imposed price on carbon would be "artificially" raising the cost.
Carbon should be taxed at a set price or a cap and trade program should be in effect to help realize the actual costs that carbon creates. Burning fossil fuels releases some materials we don't want just like nuclear reactors create waste which we don't want. We regulate how spent nuclear fuel is dealt with we should be doing the same with oil.
Copenhagen will hopefully generate some action on the part of the world governments. One worry is that if we fail to act fast enough we may see nature take over and surpass any efforts we have of removing carbon from the atmosphere through various and some large scale positive feedbacks. (Ex: http://en.wikipedia.org/wiki/Arctic_methane_release )
Interesting perspective and a good way to view investment in a stronger economic base – I applaud Mr Doerr’s approach when reminding us that there are consequences to our failure to act – not much different than putting off maintenance and repair in order to have a short term profit – our EcoSystem is quite indifferent to our personal goals of liquidity and profit.
I am reminded of a wall street presentation made about a year prior to the economic collapse where a clear forecast of the events of today were laid out along with recommendations on how to profit from it. One JP Morgan executive only said “I Hope you are wrong”.
Eurocities this year is in Stockholm and has considerable corporate interest – I truly “Hope” that our country doesn’t take the path we did in Broadband – allowing our country to slide into the noise while other smaller countries continue to outperform us in speed, cost, capacity, and economics.
Selling this as a way to get off oil is a good thing. Selling this as a way to make our power more modern and robust is a good thing. Trying to make us feel guilty for destroying the planet is a bad thing. I won't be spoken to that way. John Doerr only wasted a minute or two while trying to explain his motivation is more than just money, but don't think that the veiled attempt at making us feel guilty wasn't noticed.
Stop trying to scare us and make us feel guilty. As soon as we hear threats about flooding Manhattan we, rightfully, get turned off. Just saying this may create jobs isn't enough either. We can hire people to dig holes and fill them back up again if we want. Such a job would be a pointless waste of time, money and human effort. Just like everything in life, the benefits must out way the cost and you are just trying to raise the cost artificially with government imposed carbon caps.